Required information {The following information applies to the questions displayed below) Alden Co's monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs Month 7 Month 1 2 3 4 5 6 Units Suild 323,500 168,560 268,500 208,500 293,500 193,500 Total cost $161,000 104,50 209,100 103,500 205,000 115,500 Units Sold 356,500 273,500 25.300 153,500 97,500 103,500 Total cost $ 252,716 155.250 62,500 134,125 97,500 78,150 le 11 12 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method (Do not round intermediate calculations.) Variable cost per unit $ 0.52 Change in cost Change in volume High Low method Calculation of Variable Cost per unit Cost at high point is cost at low point Volume at high point minus volume at low point 281 200 High Low method. Calculation of Fixed Costs Total cost at the high point Variable costs at the high point Volume at the high point Variable cost per uns Total variable costs at the high point Total fixed costs $ 0.52 Change in cost Variable cost per unit S 0.52 High-Low method Calculation of Variable Cost per unit Cost at high point minus cost at low point Volume at high point minus volume at low point $ 281 200 High Low method Calculation of Fixed Costs Change in volume Total cost at the high point Variable costs at the high point: Volume at the high point Variable cost per unit Total variable costs at the high point Totalfixed costs $ 0.52 Total cost at the low point Variable costs at the low point Volume at the low point Variable cost por unit Total variable costs at the low point Total floed costs pa 2. Predict future total costs when sales volume is (a) 383,000 units and (b) 423,000 units. Sales (units) Predictions 383.000 423,000 Total $ CA 0 $ 0